Empiric Student Property Plc (LON:ESP) Insider Donald Grant Purchases 33,177 Shares

Empiric Student Property Plc (LON:ESP) insider Donald Grant acquired 33,177 shares of the company’s stock in a transaction dated Monday, November 6th. The stock was acquired at an average price of GBX 90 ($1.11) per share, for a total transaction of £29,859.30 ($36,858.78).

Empiric Student Property Stock Down 0.6 %

Shares of LON ESP opened at GBX 89.20 ($1.10) on Wednesday. Empiric Student Property Plc has a 52-week low of GBX 79 ($0.98) and a 52-week high of GBX 96 ($1.19). The business has a 50-day moving average price of GBX 88.11 and a 200 day moving average price of GBX 88.38. The company has a quick ratio of 1.06, a current ratio of 1.72 and a debt-to-equity ratio of 50.91. The stock has a market cap of £538.27 million, a PE ratio of 2,973.33, a price-to-earnings-growth ratio of 2.87 and a beta of 0.99.

Empiric Student Property Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, December 1st. Shareholders of record on Thursday, November 16th will be given a dividend of GBX 0.94 ($0.01) per share. This represents a yield of 1.1%. This is a boost from Empiric Student Property’s previous dividend of $0.81. The ex-dividend date of this dividend is Thursday, November 16th. Empiric Student Property’s dividend payout ratio (DPR) is presently 13,333.33%.

Empiric Student Property Company Profile

Empiric Student Property plc is a leading provider and operator of modern, predominantly direct-let, premium student accommodation located in high-demand university towns and cities across the UK. Investing in both operating and development assets, Empiric is a fully integrated operational student property business focused on premium studio-led accommodation managed through its Hello Student operating platform, that is attractive to a growing number of student segments.